FINAL BILL REPORT

                  SSB 5745

                          C 221 L 99

                      Synopsis as Enacted

 

Brief Description:  Reducing the tax on bingo and raffles.

 

Sponsors:  Senate Committee on Commerce, Trade, Housing & Financial Institutions (originally sponsored by Senators Bauer, Honeyford, Wojahn, West and Long).

 

Senate Committee on Commerce, Trade, Housing & Financial Institutions

House Committee on Commerce & Labor

 

Background:  Under current law a city, county, or town may tax bingo games and raffles at a rate not to exceed 10 percent of the gross receipts of the bingo game or raffle less the amount awarded as cash or merchandise prizes.  Not all local jurisdictions tax bingo games and raffles at the maximum tax rate.

 

Summary:  Beginning on January 1, 2000, the maximum tax rate that a local jurisdiction may impose on the gross receipts of bingo games and raffles (less the amount awarded as cash or merchandise prizes) is reduced from 10 percent to 5 percent.

 

Votes on Final Passage:

 

Senate 31 14

House     83 11

 

Effective:  January 1, 2000